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  2. Lean manufacturing - Wikipedia

    en.wikipedia.org/wiki/Lean_manufacturing

    DCS. SCADA. v. t. e. Lean manufacturing is a method of manufacturing goods aimed primarily at reducing times within the production system as well as response times from suppliers and customers. It is closely related to another concept called just-in-time manufacturing (JIT manufacturing in short).

  3. List of manufacturing processes - Wikipedia

    en.wikipedia.org/wiki/List_of_manufacturing...

    Moulding. Powder metallurgy. Compaction plus sintering. Hot isostatic pressing. Metal injection moulding. Spray forming. Plastics (see also Rapid prototyping) Injection. Compression molding.

  4. Lean Six Sigma - Wikipedia

    en.wikipedia.org/wiki/Lean_Six_Sigma

    Lean Six Sigma is a synergized managerial concept of Lean and Six Sigma. [ 5 ] Lean traditionally focuses on eliminating the eight kinds of waste (" muda "), and Six Sigma focuses on improving process output quality by identifying and removing the causes of defects (errors) and minimizing variability in (manufacturing and business) processes.

  5. Good manufacturing practice - Wikipedia

    en.wikipedia.org/wiki/Good_manufacturing_practice

    Current good manufacturing practices (cGMP) are those conforming to the guidelines recommended by relevant agencies. Those agencies control the authorization and licensing of the manufacture and sale of food and beverages, [ 1 ] cosmetics, [ 2 ] pharmaceutical products, [ 3 ] dietary supplements, [ 4 ] and medical devices. [ 5 ]

  6. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    e. Cost accounting is defined by the Institute of Management Accountants as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, allocating, aggregating and reporting such costs and comparing them ...

  7. Job costing - Wikipedia

    en.wikipedia.org/wiki/Job_costing

    Job costing (known by some as job order costing) is fundamental to managerial accounting. It differs from Process costing in that the flow of costs is tracked by job or batch instead of by process. job cost is done for one single product The distinction between job costing and process costing hinges on the nature of the product and, therefore, on the type of production process:

  8. Process costing - Wikipedia

    en.wikipedia.org/wiki/Process_costing

    Process costing. Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month's production. Eventually, costs have to be allocated to individual units of product.

  9. Activity-based costing - Wikipedia

    en.wikipedia.org/wiki/Activity-based_costing

    Identify and eliminate production or service processes which are ineffective, and allocate processing concepts that lead to the very same product at a better yield (process re-engineering aim) In a business organization, the ABC methodology assigns an organization's resource costs through activities to the products and services provided to its ...

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